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Unit 2,
4 THORPE STREET Sunshine VIC 3020

This property is Off Market

All about Sunshine Homes for sale in Sunshine

The Average property price in this area is $1,099,840, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 6.82 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Ray White 92A HAMPSHIRE RD, 670000 3 Beds - 2 Baths - 1 Parking Within 0.1 km OneAgency 19 HAMPSHIRE RD, $790,000 - $840,000 3 Beds - 2 Baths - 2 Parking Within 0.3 km Ray White 64 MONASH ST, 1600000 1 Beds - 1 Baths - 0 Parking Within 0.7 km Professionals 51 DUKE ST, Price Reduction 840,000 - 880,000!!! 3 Beds - 1 Baths - 6 Parking Within 1.2 km Belle Property 12 KINNANE CR, $1,150,000 3 Beds - 1 Baths - 2 Parking Within 1.4 km Ray White UNIT 2, 96 HERTFORD RD, 550000 3 Beds - 2 Baths - 1 Parking Within 1.4 km

Recently Sold Properties in this Area

About Sunshine

With an average age of 34, households expect an average monthly mortgage payment of $2,083 or a weekly rent payment of $346. The average family earns a weekly income of $1,990 with a typical household size of 2.6 and a 92.43% employment rate.

Consistent high demand relative to supply is a key feature in Sunshine driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Sunshine due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Sunshine changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Sunshine to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Sunshine we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Sunshine a better buying opportunity than it may have been in the past.

Public Transport

Stop 49: Central Park Avenue tram

Stop 49: Waterford Avenue tram

Stop 50: Wests Road train

Ginifer

Stop 51: Highpoint Shopping Centre tram

Stop 52: River Street tram

Stop 52: Rosamond Road train

Ardeer

Stop 50: Williamson Road

General Points of Interest

Victoria University (Sunshine Campus)

Central West Shopping Centre sport

Melbourne International Shooting Club monument

Newport War Memorial prison

Parkville Youth Justice Precinct

Lightning Room shopping

Homemaker Centre shopping

Sunshine Marketplace

Central West Shopping Centre

Milleara Shopping Centre

Population

(Country of Birth not stated 8%)

Are people healthy?

There are a recorded 900 asthma sufferers and 767 people living with diabetes. In addition, 471 people have a heart/vascular condition and 845 people live with three or more chronic diseases.

A good place to invest in property?

Sunshine a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

39 / 100

52 / 100

Industry

11 / 100

17 / 100

Population

22 / 100

32 / 100

House Prices

85 / 100

70 / 100

Jobs

19 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Sunshine Primary School Sunshine College
Sunshine Harvester Primary School
Sunshine, VIC, 3020 State Prep-6
St Theresa's School
Albion, VIC, 3020 Independent Prep-6
St Peter's School
Sunshine West, VIC, 3020 Independent Prep-6
Our Lady of the Immaculate Conception School
Sunshine, VIC, 3020 Independent Prep-6
Glengala Primary School
Sunshine, VIC, 3020 State Prep-6
Sunshine Heights Primary School
Sunshine, VIC, 3020 State Prep-6
Sunshine Primary School
Sunshine, VIC, 3020 State Prep-6
Sunshine Special Developmental School
Sunshine, VIC, 3020 State U

Property Story

Unit 2, 4 Thorpe Street, Sunshine, Vic, 3020 is a residential property . The estimated distance to the sea is 6.82km and at least 2.25KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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